Cornell Company is considering a project with an initial investment of $596,500 that is expected to produce cash inflows of $125,000 for nine years. Cornell's required rate of return is 12%. (Click on the icon to view Present Value of $1 table.) (Click on the icon to view Present Value of Ordinary Annuity of $1 table.) 14. What is the NPV of the project? 15. What is the IRR of the project? 16. Is this an acceptable project for Cornell? net present value.) 15. What is the IRR of the project? Start bv c.alculatina the Annuitv PV factor (Fnter the factor amount to three decimal nlaces XXXX ) IO. Is IIIS all alceplanie pivjecliUi VUIIEII? Present Value of $1 Reference